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ALT-DDB-DEPRECIATION-SCHEDULE Granite Company purchased a machine with cost of $70,000 and salvage value of $4,000. The life of the machine was estimated to be 5

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ALT-DDB-DEPRECIATION-SCHEDULE Granite Company purchased a machine with cost of $70,000 and salvage value of $4,000. The life of the machine was estimated to be 5 years. Complete the depreciation schedule shown below using DDB depreciation. DDB BOOK VALUE DEPRECIATION ACCUM. BOOK VALUE YEAR RATE BEGINNING EXPENSE DEPRECIATION END 1 2 3 4 5

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